Dan’s independent book store is trying to decide on how many copies of a book to purchase at the start of the upcoming selling season. the book retails at $28.00. the publisher sells the book to dan at $20.00. dan will dispose of all of the unsold copies of the book at 50% off the retail price, at the end of the season. dan estimates that demand for this book during the season is normal with a mean of 1000 and a standard deviation of 250. what is the quantity that dan should order, to maximize his expected profits? b. what is dan’s order quantity if he wants to ensure a 99% service level? c. what is the chance of a stock out if dan arbitrarily decides to stock 950 books? d. the publisher is thinking of offering the following scheme to dan. at the end of the season, they will buy back unsold copies at a pre-determined price of $17.00. however, dan would have to bear the costs of shipping unsold copies back to the publisher at $1.00 per copy. what is the quantity that dan should order, to maximize his expected profits now?

Need true or false 1 2 3 4 5 6 7 8

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

How has apple been able to sustain its competitive advantage in the smartphone industry? a. by reducing its network effects b. by targeting its new products and services toward laggards c. by driving the price for the end user to zero d. by regularly introducing incremental improvements in its products